Multiple Choice
The compliance assertion is not normally listed as a separate assertion.It requires an auditor to assess:
A) How well company procedures control risk.
B) How well company employees comply with codes of conduct.
C) How well company personnel follow internal controls.
D) How well a company's strategy is being implemented.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: The audit objective related to existence is
Q17: An auditor examines an organization's strategy to
Q20: The enquiries of the client that result
Q28: When there is a change in auditors,the
Q35: Risk in an audit engagement is the
Q36: Decisions involving the proper application of GAAP
Q36: Materiality is primarily a quantitative calculation.
Q41: If fictitious sales were recorded and the
Q42: What is the best description of the
Q43: This question is about the auditor's concept